Reflective Report: Professional Accountancy Module (GIPF) Insights

This report is a student's reflection on the professional accountancy module, focusing on Corporate Social Responsibility (CSR) and company evaluation techniques for social networking firms. The student believes that a deep understanding of CSR is crucial for making informed decisions in the field, particularly concerning stakeholder roles and the impact of businesses on society. The report analyzes how CSR can improve decision-making, behavior, and professional practices, including volunteer events and the handling of accounting organization knowledge. It also examines the application of company evaluation techniques, especially in the context of social networking firms, highlighting their role in maintaining business consistency and minimizing technological risks. The student emphasizes the practical applications of these concepts, such as enhancing consumer engagement and brand awareness. The report concludes that incorporating CSR and SocNet platforms is essential for enhancing accounting establishments and improving financial statements, ultimately benefiting a career in accounting and corporate investment. The report includes a bibliography of relevant sources.

Running head: PROFESSIONAL ACCOUNTANCY
Professional Accountancy
Name of the Student
Name of the University
Author Note

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Introduction
According to me, each of the themes of the GIPF module can be successfully
implemented in my professional career as an accountant. However, I believe that out of these
six different categories of themes the idea of Corporate Social Responsibility (CSR) of theme
one and the company evaluation techniques for social networking firms of theme six. I
believe that in-depth understanding of each of these two ideas can be very much significant to
make most of the work related decision in the field of professional accountancy.
Corporate Social Responsibility
According to me, CSR is a very significant tool which can be very much beneficial to
understand the role of the stakeholders of the accounting organizations as each of these
commercial establishments are very much aware of the impact of the business on
environment as well as in our society. I believe that the idea of CSR can be very much useful
for me, as I want to work in an accounting organization, my decision making in any
accounting organization can be significantly improved using CSR.
Analysis and Evaluation
I believe that I can set my behaviour accordingly using CSR. My entire plan of action
in an accounting organization can be significantly improved if I apply the idea of CSR in my
professional carrier. Most of the professional practices in my career can be improved using
the CSR. Most of the volunteer events can be improved using the practice of CSR. I believe
that the knowledge and understanding of the accounting organization can be handled in a
better way using the concept of CSR.

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Plan of action
The range of activities of the accounting establishments can be carefully monitored
using the CSR. I think that the involvement of the local community can be tracked and
monitored carefully using CR. The organization of the stakeholder activities of accounting
establishments can be successfully improved using the concept of CSR. Most of the social
causes of accounting establishments can also be understood in a better way using CSR. I also
think that the economic responses can be managed using CSR.
Practical application
I believe that CSR can be very much useful for both the external as well as the
internal stakeholders of accounting establishments. Most of the charitable events associated
with the accounting organizations can be managed in an organized manner using CSR. I
believe that I can create and implement corporate policies which will be beneficial for the
accounting establishment using the specifications of CSR. The economic responsibility as an
employee of an accounting organization can be understood with this idea as well.
New Learning experience
According to me, the idea of CSR can be very much significant for the most of the
accounting establishments as this practice can be very much beneficial to enhance the
customer engagement of the accounting establishments. I think that the most significant
lesson which can be learned from this idea is the importance of the communication facilities
among both the external as well as the internal stakeholders of this commercial
establishments. The operation and the choice accounting organization can also be boosted
using the idea of CSR.

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As a finance professional, I believe that the implementation of the CSR can be very
much useful to maintain the financial health of the accounting organization. Variance
analysis of the accounting organization can also be improved using the idea of CSR.
Justification of the idea
The entire ethical framework which are maintained by the accounting organization
can be successfully addressed using the CSR framework. Long term sustainability in the
accounting organization can be significantly improved using the idea of CSR.
Company evaluation techniques for social networking firms
I believe the valuation of the accounting organization can be significant improved
using the company evaluation techniques. I believe that most of the technological crash in the
accounting organization can be significantly minimised if professional evaluation techniques
are applied in the accounting organizations. According to me, the value of the accounting
establishments can be purposefully identified using Social Networking (Socnet)
organizations. I also believe that this automated mail forwarding system can be very much
beneficial for me as to understand the importance of transparency and clarity of the business
transactions between the venture capitalists and the IPO bankers.
Analysis and Evaluation
According to me, business consistency can be maintained using the company
evaluation techniques as well. The complexities of the frictional additional funding can be
successfully resolved using the Social Networking organizations as well. I think that the
specifications provided by the Social Networking organizations can be very much useful for
me as I can implement these ideas and help the organization which will be working for. I also
believe that the economic development of the accounting organization can also be improved
using the company evaluation techniques. According to me, the share pricing can be planned

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and implemented using the company evaluation technique as well. According to me, the
incorporation of this ideas can be very much beneficial for me as I can create and implement
new business opportunities.
Practical application
This idea can be practically applied so that consumer engagement can be improved
using the SocNet platforms such as Pinterest and Snap chat. I believe that the value of
telecommunication which can be understood by Metcalfe’s Law can be successfully
implemented in this idea. I think that the social media platforms and Metcalfe’s Law is very,
much aligned to each other. I also believe that each of the activities of each departments can
be significantly benefitted using the facilities provided by the platforms such as Pinterest and
Snap Chat. I believe that the merger practices and the dealing with the subsidiary
organization can be improved using these platforms. According to me, I can implement this
idea on any accounting establishments I will be working in the future.
New Learning experience
I believe that I can enhance the brand awareness of accounting establishments using
the social network platforms such as the Pinterest. The focus which had to be given to the
service offered by accounting organizations if this idea is successfully implemented.
As a finance professional I would like to inform that most of the strategic decision can
be significantly improved using the SocNet platforms. Most of the long term financial goals
of the accounting organization can also be sorted using the using these platforms as well. The
monitoring of the capital investment can also be monitored using this idea.
Justification of the idea

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According to me, the net profitability of the accounting establishments can be
enhanced using the social networking platforms. I also believe that the loyal of the consumers
of the accounting organization can also be improved suing the SocNet platforms. At the same
time, I also believe that the revenue and the cash flow of the accounting establishments can
be successfully enhanced using company evaluation techniques in terms of the SocNet
platforms.
Conclusion
According to me, the incorporation of the CSR and SocNet platforms can be very
much important to make most of the accounting establishments. I can surely say that the plan
of action of accounting organization can also be enhanced using these two ideas. The above
discussion identified the practical implementation of each of themes. New learning
experience from each of the two ideas was also presented in the above discussions. The
financial statements can also be monitored using these two ideas. Thus, I believe that the
corporation of these two ideas can be very much beneficial for me as I want to pursue my
career in an accounting corporate investment.

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Bibliography
Abhayawansa, S., Aleksanyan, M. and Bahtsevanoglou, J., 2015. The use of intellectual
capital information by sell-side analysts in company valuation. Accounting and Business
Research, 45(3), pp.279-306.
Benthaus, J., Risius, M. and Beck, R., 2016. Social media management strategies for
organizational impression management and their effect on public perception. The Journal of
Strategic Information Systems, 25(2), pp.127-139.
Capaldi, N., 2016. The Ashgate research companion to corporate social responsibility.
Routledge.
Cui, J., Jo, H. and Na, H., 2018. Does corporate social responsibility affect information
asymmetry?. Journal of Business Ethics, 148(3), pp.549-572.
Duff, A., 2016. Corporate social responsibility reporting in professional accounting
firms. The British Accounting Review, 48(1), pp.74-86.
Flammer, C., 2015. Does product market competition foster corporate social responsibility?
Evidence from trade liberalization. Strategic Management Journal, 36(10), pp.1469-1485.
Goedhart, M., Koller, T. and Wessels, D., 2015. Valuation: Measuring and managing the
value of companies. JohnWiley & Sons.
Kiss, A., 2015. Implementation of Corporate Valuation Techniques in Practice. The Annals
of the University of Oradea. Economic Sciences, 24, pp.831-838.
Luo, X., Wang, H., Raithel, S. and Zheng, Q., 2015. Corporate social performance, analyst
stock recommendations, and firm future returns. Strategic Management Journal, 36(1),
pp.123-136.

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Platonova, E., Asutay, M., Dixon, R. and Mohammad, S., 2018. The impact of corporate
social responsibility disclosure on financial performance: Evidence from the GCC Islamic
banking
Watson, L., 2015. Corporate social responsibility research in accounting. Journal of
Accounting Literature, 34, pp.1-16.
Watson, L., 2015. Corporate social responsibility, tax avoidance, and earnings
performance. The Journal of the American Taxation Association, 37(2), pp.1-21.